Gerand

Active

Private limited companyfounded 20205 yrs activeHandzamestraat 87, 8610 Kortemark, BelgiumKBO/BCE: BE 0753.839.359

Gerand has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €40k and a net result of €3k. Its solvency ranks better than 53% of 37976 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).

Watch Print / PDF

Checked score

Score 2024

81 / 100

Excellent

The score combines four axes. Every signal that weighs is under Signals.

Axes

Profitability36

Solvency86

Growth-

Stability79

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4k at 30 days acceptable

Liquidity tight (current ratio 1.41), and 39.3% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

60.7%

Return on assets

4.3%

Age of the figures

20 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2024

9 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€40k

Total assets

€67k

Net result

€3k

Working capital

€8k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition

Assets €67k

60.8%

39.2%

Fixed assets €41k

Current assets €26k

Equity and liabilities €67k

60.7%

39.3%

Equity €40k

Debt €26k

Debt finances 39.3% of the balance-sheet total.

Key figures and ratios

2024 value

EBITDA

€15k

Cash flow

€13k

Solvency

60.7%

Current ratio

1.41

Quick ratio

1.41

Debt / equity

0.65

ROE

7.1%

ROA

4.3%

Interest coverage

23.60

Debt

€26k

Debt ≤ 1 year

€18k

Debt > 1 year

€8k

Income taxes

€1k

Filed annual accounts

As filed with the NBB · 2024

Balance sheet Code2024

Assets

Total assets20/58€67k

Fixed assets21/28€41k

Tangible fixed assets22/27€38k

Land and buildings22€35k

Furniture and vehicles24€3k

Leasing and similar rights25€0

Financial fixed assets28€3k

Current assets29/58€26k

Amounts receivable within one year40/41€16k

Trade receivables40€10k

Other amounts receivable41€7k

Cash at bank and in hand54/58€10k

Deferred charges and accrued income490/1€113

Equity and liabilities

Total equity and liabilities10/49€67k

Equity10/15€40k

Contributions10/11€15k

Profit (loss) carried forward14€25k

Amounts payable17/49€26k

Amounts payable after more than one year17€8k

Financial debts170/4€8k

Amounts payable within one year42/48€18k

Current portion of amounts payable after more than one year42€7k

Trade debts44€7k

Suppliers440/4€7k

Taxes, remuneration and social security45€3k

Taxes450/3€3k

Other amounts payable47/48€2k

Income statement Code2024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k

Other operating charges640/8€2k

Gross operating margin9900€17k

Operating profit (loss)9901€5k

Financial income75/76B€83

Recurring financial income75€83

Financial charges65/66B€621

Recurring financial charges65€621

Profit (loss) for the period before taxes9903€4k

Income taxes67/77€1k

Profit (loss) for the period9904€3k

Profit (loss) for the period to be appropriated9905€3k

Appropriation of the result

Profit (loss) to be appropriated9906€25k

Profit (loss) brought forward from the previous period14P€23k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 1Filings 1

2025

22-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

NBB filing

0 of 3 acts read

About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

no sitting director, last change in 2024

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

17-04-2024 Resigned as Manager

Not every act has been read: a resignation may be missing here

3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Kortemark · 1 establishment unit since 2020

exact location from the address register On OpenStreetMap

Ground area

6,785 m²

Building footprint

522 m²

Volume, LiDAR

2,188 m³

2 parcels, Flanders · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Gerand